Ninth Circuit: $12 Million Judgment Stands in Class Action Over ‘Predatory’ Student Loans

The Ninth U.S. Circuit Court of Appeals has affirmed a $12 million judgment against a San Diego-based lender accused of conspiring with the now-defunct ITT Technical Institute to create a student-loan program that was purportedly designed to defraud pupils and evade regulators in violation of federal law.

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Ninth Circuit: $12 Million Judgment Stands in Class Action Over ‘Predatory’ Student Loans

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